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20121010
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in state government debts as well. now my final number: $50,000 is the median household income. so, we owe $12,000 more than we make. that means as a nation what we owe now exceeds what we have. that also means even if you confiscate all that we make every penny of its you would not come close to covering what we spend, any of it. that is the issue the guys should be hammering tomorrow night, how vulnerable we are. the guy would lays it out would not just be reframing the debate but setting off a firestorm. but one that need not concern him or us. as the fine of the mind in both political parties have told me, and, yes, there are still quite a few, to quote a certain vice presidential candidate, we can do this. listen to two guys on my fox business network show, which if you don't get you should demand, last night, retired democratic senator sam nunn and former republican senator bob bennett appears jointly on fox business network. each offering relatively modest proposals to fix this mess. listen closely. >> we particularly have to discuss, frankly, with the american people, that the enti
as compared to romney's own perscriptions that call for smaller less expensive government. for the president what he's going to try to do is say look, maybe things aren't so great but it is partly the fault of george w. bush and the republicans who were in office prior to the democrats taking control in 2009, so we need time to fix it, and by the way, the president will also say that he wants to increase taxes on people like mitt romney to help pay down some of that debt. >> reporter: we just put of that graphic there showing the $16 trillion of debt and there are so many digits it almost doesn't fit on the tv screen across the screen there, as you can see. but haven't americans in some way become number to astronomical numbers? how serious is this in. >> they have become number. is it the new normal this massive spilling of red ink but it raises three problems which i don't think the nation has got even to grips with yet. number one our economy is smaller than our debt. we look like europe, we know what happened there. number two we are spending $9 billion every week just paying interest on
and this is what a roaring romney sounded like. >> trickle down government is where the president will raise taxes on small business which kills jobs. i want to keep taxes down on small business so we can create jobs. this is about good jobs for the american people. >>neil: he swings, slams, scores, way too early to say if the swing states swinging back to the challenger but after last night, the critics say they probably stopped swinging away. larry said the race ain't over but he also is saying for the challenger it is an uphill fight. what do you make of last night and how this changes the dynamics? >> everyone, obviously, just about everyone, from right to left, says that romney won the debate. i gave you a full "a" and i give the president a "c" minus. there was a giant difference between their performance. everyone who was fair was impressed with how romney handled that from going to end. obama was stunned by how well romney was performing. he seemed almost to take a step back and tune out. >>neil: do you think he came in to it is on the clock, the president, to your point he didn't expect t
talk as about stimulus. talks about hiring more government workers. talks about the government making investments and of course he talks about raising taxes. vice president blurted out the truth today. they plan on raising taxes on the american people and that well kill jobs. we will not let that happen. we want to create jobs, not kill jobs in this country. [cheers and applause] >> reporter: governor romney also driving home the notion he is for 100% of americans. really trying to walk back from the comments he made back in may about the 47%, martha. martha: john, so much of this as i said before, look at numbers, see headline numbers, so much comes down to the individual experience of what is going on in people's lives, when they walk into that voting booth, whether or not they people better off than they were four years ago. what is your sense on the ground in florida right now? >> reporter: well on the ground in florida, the economy is number one issue. that is where we get to the truth aspect of all this, the obama campaign trying to recover from the bad debate performance on wed
on to fox news .com. >> the u.s. government has been aggressively looking into precisely what happened since september 11th when the attack occurred on benghazi or the consulate in benghazi so we have not been sitting around waiting for information to come to us. we have been actively chasing leads in various ways. >> i believe obviously what happened there was a tragic failure. there had been warnings of a possible attack. there were requests on the part of our commission there of our diplomats there tree have additional security forces. they were turned down. and then following the tragedy, we saw, well, misleading information coming from the administration and in fact the president didn't acknowledge that this was a terrorist act for, what, a week or two? i mean this was a terrorist attack. lives were lost. this happened on 9/11. candor andan dorland and transparently from the president and the administration and we didn't get it. >> geraldo: with congress in recess, the first debate focused on the economy, the question of whether the obama administration intentionally misled the american
,000 jobs were created last month, and megyn, only 10,000 of those jobs were government. megyn: we have been showing the chart of job creation over the past year or so. back in january, you can see it. look where we were back in january and february. then it falls way down. 45,000 jobs in the month of june. now that 114,000. not great to most economists, but not so great. how do we get to the point where we are at these not so great numbers, but the unemployment rate falls from 8.1% write-down in to 7.8%. :lou: let me smooth out the charge. we have a little below average what we did in 2012. there has been a decline and not an improvement according to the labor department. the survey employers, both government and business, to come up with that number. they have another survey, which is called a household survey. 50,000 folks are called and ask if they have a job or not. megyn: arctic cold calling them? >> they are cold calling them, randomly calling them. the establishment survey, that is almost 150,000. a much more sophisticated and scientific and less volatile survey. megyn: is this 7.8%
Search Results 0 to 5 of about 6